Business News

As consumers shrugged off higher prices for its namesake soda, Simply juice, and other drinks, Coca-Cola on Tuesday reported quarterly earnings and revenue that exceeded analysts' expectations. The company also...

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, says it has issued a total of 94 importation licences to oil marketers. This was revealed by the...

The Lift Above Poverty Organisation has reiterated the position of the Federal Ministry of Budget and National Economic Planning that the private sector is critical to driving the economic growth...

Allianz Trade, a Paris-based entity, has raised a warning flag, stating that crude oil prices could soar to as high as $140 per barrel, which could have dire consequences for...

The Federal Executive Council on Monday approved the application for a $3.45bn loan to finance five items. They include projects in the power sector, renewable energy, states’ resource mobilisation programme,...

Lagos, Rivers, and the FCT led as the total Internally Generated Revenue of states in the country marginally rose to N1.93tn in 2022. Data from the National Bureau of Statistics...

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has reaffirmed its unwavering commitment to raising the bar when it comes to the quality of internal audit reports,...

1. FG plans affordable homes for 80% low-income earners THE Minister of Housing and Urban Development, Ahmed Dangiwa, has communicated plans to develop cost-effective housing designs and promote the construction...

Investors on the local equity market saw their wealth depreciating by N156bn at the close of last week’s trading following profits-taking and selling sentiments. During the week, the market reacted...

The naira has maintained its downward trend as scarcity of the dollar bites harder, findings by The PUNCH have revealed. At the parallel market, naira commenced trading at 1,175/$ and closed at...